Share Price1

FY19 Total Dividend
(Fully Franked)

34.9c

Master Fund Return:
Inception to 29 Feb 2020

14.3% p.a.

Master Fund Net Exposure:
Inception to 29 Feb 2020

70%

31 Jan 2020 FUM

$3.3bn

Founded

2008

ASX: VGI  |  Listing date: 21 June 2019

VGI Partners Limited is a high conviction global equity manager and manages capital for high net worth individuals and family offices. It is also the Manager for two Listed Investment Companies (LICs): VGI Partners Global Investments Limited (ASX:VG1) and VGI Partners Asian Investments Limited (ASX:VG8). VGI Partners has offices in Sydney, New York and Tokyo.

1Share price is delayed by 20 minutes. Funds Under Management (FUM) data was announced on 27 Feb 2020. FY19 total dividend reflects 25.6c interim dividend and 9.3c final dividend.

Board

Robert M. P. Luciano

Executive Chairman

B.Com (Acc/Fin) (UNSW), M.Com (Fin) (UNSW), F.Fin, CFA

 

Mr. Luciano has over twenty five years’ experience gained as a portfolio manager, equities analyst and accountant. Prior to founding VGI Partners in 2008, Mr. Luciano spent five years as an Executive Director and Investment Manager with Caledonia Investments in Sydney and has also held positions as a Portfolio Manager at Allianz Equity Management and an equities analyst at BNP Paribas (formerly Prudential-Bache Securities Australia).

 

Mr. Luciano commenced his career as an accountant with BDO Nelson Parkhill in 1993. Mr. Luciano graduated from the University of New South Wales, with a Bachelor of Commerce, majoring in Accounting & Finance and later completed a Masters of Commerce, majoring in Advanced Finance. He is a Fellow of the Financial Services Institute of Australasia. Mr. Luciano has completed the Chartered Financial Analyst (CFA) Program and has been awarded the CFA Charter.

 

Mr Luciano is a Director of VGI Partners Global Investments Limited (VG1) and VGI Partners Asian Investments Limited (VG8).

Douglas H. Tynan

Executive Director

B.Com (Acc) (UQLD), B.Econ (Fin) (UQLD), F.Fin, CFA

 

Mr Tynan has over fifteen years’ experience as an equities analyst and accountant. Prior to joining VGI Partners in 2008, Mr Tynan was a manager and analyst within the Corporate Finance and Assurance divisions of BDO Kendalls.

 

Mr Tynan graduated from the University of Queensland with a Bachelor of Commerce, majoring in Accounting and a Bachelor of Economics, majoring in Finance. He is a Fellow of the Financial Services Institute of Australasia. Mr Tynan has completed the CFA Program and has been awarded the CFA Charter. Mr Tynan is a Director of VGI Partners Global Investments Limited (VG1) and VGI Partners Asian Investments Limited (VG8).

David F. Jones

Executive Director

B.Eng. (1st Class Hons) (Melb.), MBA (Harvard)

 

Mr Jones has over thirty years’ experience in investment markets, the majority as a general partner in private equity firms, and prior to that in general management and management consulting. Mr Jones has been a board member of numerous private and public businesses, including a number in the wealth management sector. Mr Jones was a Managing Director at CHAMP Private Equity (2002-2011); Executive Director and Country Head of UBS Capital (1999-2002) and a Division Director at Macquarie Direct Investment (1994-1999). Mr Jones commenced his career as a Business Analyst at McKinsey & Co. in 1987. He holds a Mechanical Engineering degree from the University of Melbourne (First Class Honours) and a Master of Business Administration from Harvard Business School. Mr Jones is Chair of the National Museum of Australia and a non-executive member of the investment committee of EMR Capital.

 

Mr Jones is the Chairman of VGI Partners Global Investments Limited (VG1).

Jaye L. Gardner

Non-Executive Director

B.Com (UQLD), LLB (Hons) (UQLD), SF Fin, CA, GAICD

 

Ms Gardner has more than twenty five years’ experience in corporate finance. She has been an Executive Director of Grant Samuel since 2001. In her role as an Executive Director, Ms Gardner is responsible for the preparation of many of Grant Samuel’s valuations and independent expert’s reports, primarily for top 200 ASX listed companies. She also advises on mergers, acquisitions and asset sales with a focus on the financial services, property, health and media industries. Ms Gardner holds a Bachelor of Commerce and a Bachelor of Laws (First Class Honours) from the University of Queensland. She is a Senior Fellow of the Financial Services Institute of Australasia, an Associate of the Institute of Chartered Accountants in Australia and New Zealand and a Graduate of the Australian Institute of Company Directors. Ms Gardner was a Director of VGI Partners Global Investments Limited (VG1) from 25 July 2017 to 8 May 2019.

Benjamin A. Pronk DSC

Non-Executive Director

B.Arts (UNSW), M.Arts (Kings College), MBA (UWA)

 

Mr Pronk completed a distinguished career in the Australian Army spanning twenty four years, the majority of which was spent within Special Operations Command. In this capacity, Mr Pronk served on multiple combat deployments to Timor Leste, Iraq and Afghanistan, where he was awarded the Distinguished Service Cross for leadership in action. He concluded his service as Commanding Officer of the SAS. Mr Pronk is now the Managing Partner of Mettle Global Holdings, a premium consultancy specialising in crisis, emergency and business continuity management and leadership training. In addition to this role, Mr Pronk is also an Executive-in-Residence at the Australian Graduate School of Management and a patron of the Military Arts Program Australia. Mr Pronk holds a Bachelor of Arts, a Master in Defence Studies (with Distinction) from Kings College, London and a Master of Business Administration (with Distinction) from the University of Western Australia. He is a graduate of the AICD Company Directors Course. Mr Pronk was formerly a member of VGI Partners’ Advisory Council.

Darren J. Steinberg

Non-Executive Director

B.Ec (UWA), FAICD, FRICS, FAPI

 

Mr Steinberg is the CEO of Dexus and an Executive Director of Dexus Funds Management Limited. Mr Steinberg has over thirty years’ experience in the property and funds management industry with an extensive background in office, industrial and retail property investment and development. He has a Bachelor of Economics from the University of Western Australia. Mr Steinberg is a Fellow of the Australian Institute of Company Directors, the Royal Institution of Chartered Surveyors and the Australian Property Institute. He is a former National President of the Property Council of Australia and a founding member of Property Male Champions of Change.

Management

Investment Team

Robert M. P. Luciano

Executive Chairman, Portfolio Manager

B.Com (Acc/Fin) (UNSW), M.Com (Fin) (UNSW), F.Fin, CFA

 

Mr. Luciano has over twenty five years’ experience gained as a portfolio manager, equities analyst and accountant. Prior to founding VGI Partners in 2008, Mr. Luciano spent five years as an Executive Director and Investment Manager with Caledonia Investments in Sydney and has also held positions as a Portfolio Manager at Allianz Equity Management and an equities analyst at BNP Paribas (formerly Prudential-Bache Securities Australia).

 

Mr. Luciano commenced his career as an accountant with BDO Nelson Parkhill in 1993. Mr. Luciano graduated from the University of New South Wales, with a Bachelor of Commerce, majoring in Accounting & Finance and later completed a Masters of Commerce, majoring in Advanced Finance. He is a Fellow of the Financial Services Institute of Australasia. Mr. Luciano has completed the Chartered Financial Analyst (CFA) Program and has been awarded the CFA Charter.

 

Mr Luciano is a Director of VGI Partners Global Investments Limited (VG1) and VGI Partners Asian Investments Limited (VG8).

Douglas H. Tynan

Executive Director, Head of Research

B.Com (Acc) (UQLD), B.Econ (Fin) (UQLD), F.Fin, CFA

 

Mr Tynan has over fifteen years’ experience as an equities analyst and accountant. Prior to joining VGI Partners in 2008, Mr Tynan was a manager and analyst within the Corporate Finance and Assurance divisions of BDO Kendalls.

 

Mr Tynan graduated from the University of Queensland with a Bachelor of Commerce, majoring in Accounting and a Bachelor of Economics, majoring in Finance. He is a Fellow of the Financial Services Institute of Australasia. Mr Tynan has completed the CFA Program and has been awarded the CFA Charter. Mr Tynan is a Director of VGI Partners Global Investments Limited (VG1) and VGI Partners Asian Investments Limited (VG8).

Robert J. Poiner

Head of US Research

B.Sc (Bio) (UQLD), M.Com (Fin) (UQLD), CFA

 

Mr Poiner has over ten years’ experience as an analyst. Prior to joining VGI Partners in 2009, Mr Poiner was an analyst with J.P. Morgan in the Investment Banking Group. Mr Poiner studied at the University of Queensland and graduated with a Bachelor of Science majoring in Biomedical Science and a Master of Commerce (Dean’s Honour Roll) with a major in Finance. Mr Poiner has completed the CFA Program and has been awarded the CFA Charter.

Operations Team

Ian J. Cameron

Chief Financial Officer, Company Secretary

B.Com (Acc) (UMACQ), CA, LLB (UOW), GDLP (UOW)

 

Mr Cameron has over thirteen years’ experience in investment management and professional services. Prior to joining VGI Partners in 2018, Mr Cameron worked at Pantheon Ventures and Aspect Capital in London after starting his career at KPMG in Sydney. Mr Cameron holds a Bachelor of Commerce in Accounting from Macquarie University and a Bachelor of Laws from Wollongong University. Mr Cameron is a member of Chartered Accountants Australia and New Zealand and a Solicitor of the Supreme Court of NSW. Mr Cameron is also the Company Secretary of VGI Partners Global Investments Limited (ASX:VG1) and VGI Partners Asian Investments Limited (ASX:VG8).

Adam M. Philippe

Chief Operating Officer

B.Com (Acc) (UMACQ), CA

 

Mr Philippe has over twenty years’ experience in accounting and financial management. Prior to joining VGI Partners in 2009, Mr Philippe worked as an accountant with Australia and New Zealand Banking Group in its Specialised Leasing and Asset Finance area, was a fund finance manager within Macquarie Capital Funds in Sydney and held a corporate reporting role within Merrill Lynch in London. Mr Philippe commenced his career with KPMG Sydney. Mr Philippe graduated from Macquarie University with a Bachelor of Commerce, majoring in Accounting. Mr Philippe is a member of Chartered Accountants Australia and New Zealand.

Ingrid Groer

Investor Relations Manager

B.Eng. (1st Class Hons) (USyd), B.Com. (Fin/OR) (USyd), CFA

 

Ms Groer has over twenty years’ experience in financial markets. Prior to joining VGI Partners in 2019, Ms Groer worked for Goldman Sachs / GSJBW in investment banking (2000-02) and equities research (2002-19). Within research, she advised clients on stocks that included banks, insurers and diversified financials, as well as industry trends in fintech and blockchain. Her final research role involved lead coverage of the Australian wealth management sector. Ms Groer graduated from the University of Sydney with the University Medal for Chemical Engineering and a Bachelor of Commerce (Finance/Operations Research). Ms Groer has completed the Chartered Financial Analyst (CFA) Program and has been awarded the CFA Charter.

Key Dates

DateEventMore Information
27 Feb 2020FY19 Results and BriefingBriefing Invitation
5 Mar 2020Final Dividend Ex-date2H19 Dividend
6 Mar 2020Final Dividend Record Date2H19 Dividend
18 Mar 2020Final Dividend Payable2H19 Dividend
21 Apr 20202020 AGMNotice of Meeting

Briefings

2020 AGM
FY19 Results
1H19 Results

ASX Releases

DateTitle
30 Dec 2019Securities Trading Policy
29 Nov 2019Appendix 3B
27 Nov 2019Change of Company Secretary
18 Nov 2019Change of Interests of Substantial Holder - VGI
18 Nov 2019Change of Interests of Substantial Holder - Robert Luciano
12 Nov 2019Appendix 3B
29 Oct 2019VG8 - Indicative Raising Size
10 Oct 2019Sep 2019 Funds Under Management
24 Sep 2019VG8 - Minimum Subscription Reached
23 Sep 2019Alignment Shares Prospectus
23 Sep 2019Appendix 3B
2 Sep 2019Invitation to Investor Briefing
2 Sep 2019Letter to Investors Eligible for Priority Offer in VG8
2 Sep 2019Lodgement of VG8 Prospectus and Completion of Cornerstone Offer
27 Aug 20191H19 Results Briefing Speaker Notes
27 Aug 20191H19 Results Presentation
27 Aug 20191H19 Results Release
27 Aug 20191H19 Dividend / Distribution
27 Aug 2019Appendix 4D & 1H19 Financial Report
15 Aug 20191H19 Results Briefing Invitation
9 Aug 2019Change of Company Secretary
5 Aug 2019Launch of New Asian Investment Strategy
15 Jul 2019Jun 2019 Funds Under Management, Performance Fee, Dividend
25 Jun 2019Change of Director's Interest Notice - Douglas Tynan
25 Jun 2019Notice of Initial Substantial Holder - Robert Luciano
25 Jun 2019Notice of Substantial Holder and Template Escrow Deed
21 Jun 2019Appendix 3X - Robert Luciano
21 Jun 2019Appendix 3X - Jaye Gardner
21 Jun 2019Appendix 3X - Douglas Tynan
21 Jun 2019Appendix 3X - David Jones
21 Jun 2019Appendix 3X - Darren Steinberg
21 Jun 2019Appendix 3X - Ben Pronk
21 Jun 2019Securities Trading Policy
21 Jun 2019Employee Incentive Plan
21 Jun 2019Interim Financial Statements 31 December 2018
21 Jun 2019Annual Financial Statements 30 June 2018
21 Jun 2019Annual Financial Statements 30 June 2016 and 30 June 2017
21 Jun 2019ASX Listing Rule 1.2.6 Statement from Directors
21 Jun 2019Constitution
21 Jun 2019Prospectus
21 Jun 2019Appendix 1A and Information Form and Checklist
21 Jun 2019Top 20 Holders
21 Jun 2019Distribution Schedule
21 Jun 2019Pre-quotation Disclosure
21 Jun 2019ASX Market Release - Admission
21 Jun 2019ASX Market Release - Admission and Quotation